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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) After the district incurs an obligation described by Section 3902.253 and until all obligations of the district are paid in full or otherwise satisfied, the district shall submit a quarterly financial report to the city.
(b) The report must be based on sound accounting methods and detail:
(1) the obligation incurred;
(2) the amount of the obligation that has been repaid; and
(3) any other information the city requires.
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 3902.255. Quarterly Reporting - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-3902-255/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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